Peter Schiff U.S. is In Worse Shape Than Europe

Posted: February 2, 2012 in Current Events, Economic Views, Financial Survival

Peter Schiff appeared on Fox Business January 17, 2012 arguing that U.S. debt is out of control, and the situation in the U.S. is much worse than Europe.

Peter Schiff was one of the few economists who warned us in 2008 the crisis was coming.   Of course the controlled media ignored his warning, Schiff was scoffed at as far back as 2006. It seems that his new warnings of a greater collapse are also being ignored.  Folks like I have said it’s time not to be fearful but prepare for the worse.  The US is heading towards economic collapse, there is no one in power who is doing anything to fix our problems.

 

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